§ 5-205
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/md/public-utilities/5-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§5–205.
(a)Without prior authorization of the Commission, a person may not transfer a controlling interest in a water company or sewage disposal company to another person.
(b)The Commission may authorize the transfer of a controlling interest in a water company or sewage disposal company if the Commission finds that the transfer is consistent with the public convenience and necessity.